Accurately determining the value of shared assets is important but challenging in high-asset divorces. These assets often include complex and high-value items whose assessment can significantly impact the division of property. The fair division of assets depends on their correct current and future values. Disputes can arise when parties disagree on values. Complex assets and appraisal challenges One major challenge is the complexity of certain assets. Business interests: Private business valuations depend heavily on forecasting future earnings, which can vary greatly depending on the evaluator ..read more

In high-asset divorces in Georgia, the division of assets can become complex. This is particularly true when one spouse is not a wage earner. Georgia follows equitable distribution laws. This means the court will seek to divide marital property fairly, though not necessarily equally, between spouses. Understanding marital property Marital property typically includes assets acquired during the marriage, regardless of whose name is on the title. When one spouse is not a wage earner, their contribution to the marriage is often non-financial but can still be significant. Factors considered in asse ..read more

Divorcing individuals often get caught up in their desires to the exclusion of everything else, even when the issue of custody comes into play. Despite the heat of the moment, they must remember that children have needs during such times. Tending to a child’s happiness helps minimize the negative impact. Stability and routine Kids require consistency, especially when mommy and daddy are separating. Even as the family situation shifts, maintaining predictable schedules, such as regular meals and bedtimes, provides a sense of normalcy. This makes children feel more secure and less at risk from t ..read more

When entering into marriage, some couples in Georgia may choose to sign a prenuptial or antenuptial agreement to establish how they will divide their assets and debts in the event of divorce or separation. However, at the time of a divorce, one party may wish to challenge the validity or enforceability of the agreement. There are several options for doing this. Involuntarily signing Georgia law requires anyone signing an antenuptial agreement to do so voluntarily. An individual may argue that he or she signed the agreement under duress or coercion. For example, the other party may have made th ..read more

When couples decide to part ways, the division of assets plays a necessary role in the split. For many, it is the most contentious part of the divorce process. Understanding the difference between equitable and equal distribution is key to a fair resolution. Equitable distribution Georgia follows the equitable distribution approach when dividing marital assets. This means the fair splitting of assets, taking into consideration various factors such as each spouse’s contributions, financial situation and needs. While “equitable” may not mean a 50/50 split, it aims to achieve a just outcome based ..read more

Securing child custody can be a challenging and emotionally charged process, with various factors influencing the court’s decision. One important aspect that courts often consider is the nature of the parent’s employment. Understanding how the nature of your job may impact your request for custody is important. The stability factor When evaluating custody cases, courts frequently assess the stability and predictability that each parent can provide for the child. A steady job with a reliable income is often perceived as a positive indicator of stability. If a parent can demonstrate a consistent ..read more

When couples decide to part ways through divorce, dividing assets can become a complex and contentious process. This is especially true when it involves a family-owned business. The family business often holds significant sentimental and financial value. This can make it a focal point of contention during divorce proceedings. Understanding how Georgia law approaches the division of assets, including family businesses, is important for anyone navigating the dissolution of a marriage. Understanding equitable distribution laws In Georgia, divorcing couples are subject to equitable distribution la ..read more

Divorce is a challenging journey that often involves the disentanglement of shared lives, emotions and assets. In Georgia, marital asset distribution follows a set of rules, but hidden debts can add a layer of complexity to the process. The significance of marital assets Upon divorce in Georgia, marital assets are subject to equitable distribution. This means that the court strives to divide these assets fairly, taking into consideration various factors. While the law seeks equity, hidden debts can throw a wrench into this already intricate process. Discovering hidden debts One of the challeng ..read more

Divorce can be a challenging journey. One aspect that often weighs heavily on individuals is the concern about financial matters becoming public knowledge. In such situations, divorce mediation is a valuable alternative. The confidential nature of mediation In 2022, 989,518 people got divorced, and many probably would have liked to keep their processes and financials private. Traditional divorce proceedings take place in a courtroom. Fortunately, divorce mediation occurs in a private and confidential setting. The discussions and negotiations between the parties involved remain within the media ..read more

Second homes or vacation properties can offer a retreat from a busy life. They often give families a place to unwind and relax. However, they are often marital property subject to division in Georgia divorces. Determining the worth of these properties requires a meticulous approach to ensure a fair distribution of assets. Property appraisal A professional appraisal is important. Appraisers employ various methods, such as the sales comparison approach or the income approach, to assess the property’s fair market value. This foundational step provides an objective starting point for evaluating se ..read more